Kinetik looks set to ride a wave of growing demand for U.S. gas exports, with new processing facilities, expanded pipelines, and long-term customer agreements that could keep its networks busy for years. The catch is that the business is tightly tied to oil-and-gas activity in one region and could be squeezed by new competitors, tighter climate rules, or a faster shift away from fossil fuels.Read more
Kinetik is trying to grow its reach in the Permian through new buildouts and a key acquisition, while also working on a power project that could lower operating costs. The catch is that the business is sensitive to gas price swings and project delays, which could make the growth story bumpier than many expect.Read more
Kinetik runs the pipes and processing that move gas in Texas’s Delaware Basin, and new projects could lift volumes while adding cleaner, higher-value services like sequestration and water handling. But its fortunes hinge on one region and big, costly buildouts, so weak drilling, price swings, or tougher competition could quickly squeeze results.Read more
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Kinetik Holdings Inc., through its subsidiaries, operates as a midstream company in the Texas Delaware Basin. The company operates through two segments, Midstream Logistics and Pipeline Transportation. It offers gathering, compression, processing, stabilization, treating, and storage services; transportation services through pipelines; and water gathering and disposal services for companies that produce natural gas, natural gas liquids (NGL), and crude oil. The company also sells condensates, natural gas residue, and NGLs. Kinetik Holdings Inc. was founded in 2017 and is headquartered in Midland, Texas.
